December 20, 2017

NEWPORT NEWS, Va. (Dec. 20, 2017) -- Huntington Ingalls Industries (NYSE:HII) announced today that the U.S. Department of Energy has awarded the Los Alamos Legacy Cleanup Contract to Newport News Nuclear BWXT Los Alamos, LLC (N3B), a joint venture led by SN3, part of HII’s Technical Solutions division, with partner BWX Technologies, Inc.
The work will be conducted at the U.S. Department of Energy/National Nuclear Security Administration’s Los Alamos National Laboratory (LANL), a 36-square mile site in Los Alamos county about 25 miles northwest of Santa Fe, New Mexico.
The total value of the contract is $1.39 billion. The period of performance includes a 90-day Contract Transition Period, Base Period of five years, Option Period 1 for three years and Option Period 2 for two years, with a total period of performance of up to 10 years and three months. The contract primarily includes a cost-plus-award-fee line item with a cost-reimbursement line item for transition and an indefinite-delivery indefinite-quantity line item.
“We are pleased that the Department of Energy has entrusted us with this important mission,” said Nick Lombardo, president of HII’s SN3 subsidiary within the Technical Solutions division. “SN3 has served the department in New Mexico for decades, and we look forward to expanding that service in northern New Mexico.”
Since its inception in 1943 as part of the Manhattan Project, LANL’s primary mission has been nuclear weapons research and development. The mission of the Department of Energy’s Office of Environmental Management’s (DOE/EM) is to characterize and remediate contaminants in the environment; decontaminate, decommission and demolish process-contaminated facilities; and manage and dispose of legacy transuranic wastes, thereby reducing risks to the public, workers and the environment associated with legacy material, facilities and waste sites.
HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world.
As the nation's largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII's workforce is 44,000 strong.
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